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CNN —A German museum employee swapped out a painting with a fake and then sold the original to buy luxury goods, including a Rolls Royce and expensive wristwatches, according to a Munich court. During that time, he stole “Das Märchen vom Froschkönig” (The Tale of the Frog Prince) by Franz von Stuck, replaced it with a fake and put the original up for auction. He lied to a Munich auction house, saying the painting had once belonged to his grandparents or great-grandparents. “Das Märchen vom Froschkönig” (The Tale of the Frog Prince) by Franz von Stuck. One of the works was sold via auction and the other was purchased directly by the auction house, netting him another 11,490 euros ($12,184).
Persons: ” “, , “ Das, Franz von Stuck, Eduard von Grützner, Franz von Defregger, Organizations: CNN, Royce, Deutsches Museum, Ketterer, Locations: Munich, Swiss
Causeway Capital CEO Sarah Ketterer shares her top stock picks
  + stars: | 2023-07-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCauseway Capital CEO Sarah Ketterer shares her top stock picksSarah Ketterer, Causeway Capital Management CEO and portfolio manager, joins 'Squawk Box' to share her top stock picks including Rolls Royce, Samsung, Reckitt Benckiser, where she sees investment opportunities around the world, and more.
Persons: Sarah Ketterer, Rolls, Reckitt Organizations: Email Causeway, Causeway Capital Management, Rolls Royce, Samsung
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEuropean banks are better capital-shaped than their U.S. peers, says Causeway Capital CEO KettererSarah Ketterer, CEO at Causeway Capital Management, joins 'Closing Bell' to discuss whether the turmoil in the banking industry is suggesting that we are on the brink of recession and more.
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